The statement ‘When people
conduct business without regard for government controls on price or quantity is
called a black market’ is true. The transactions made in the black market is
illegal because it does not follow the set of rules by the government.
Hi, the answer is C, to pay for an unforeseen health expense. Money in your emergency fund could be wisely used to pay for an unforeseen health expense. :)
Answer:
4.82 percent
Explanation:
We use the Rate formula in this question that is shown in the attachment
The NPER is the period of time.
Provided that,
Present value = $1,000 × 101% = $1,010
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 7.5% ÷ 2 = $37.5
NPER = 30 years - 6 years = 24 year × 2 = 48 years
The formula is presented below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this,
1. The pretax cost of debt is 7.41%
2. And, the after tax cost of debt would be
= Pretax cost of debt × ( 1 - tax rate)
= 7.41% × ( 1 - 0.35)
= 4.82%
Answer:
$100,000
Explanation:
The computation of gross profit is shown below:-
Gross profit = (Sales revenue - Sales return - Sales discount) - Cost of goods sold
= ($350,000 - $50,000 - $20,000) - $180,000
= $280,000 - $180,000
= $100,000
Therefore we simply applied the above formula for determining the gross profit
The increase in stock risk has lowered its value by 16.09%.
<h3>What does market price mean?</h3>
- The price at which a good or service can currently be bought or sold is known as the market price.
- The forces of supply and demand determine the market price of a good or service; the price at which the quantity supplied and demanded are equal is the market price.
<h3>What is current price and market price?</h3>
- Market value is another name for the current price. It is the last traded price for a share of stock or any other security.
According to the question:
- If the security's correlation coefficient with the market portfolio doubles (with all other variables such as variances unchanged), then beta, and therefore the risk premium, will also double. The current risk premium is: 13% - 5% = 8%
The new risk premium would be 16%, and the new discount rate for the security would be: 16% + 5% = 21%
If the stock pays a constant perpetual dividend, then we know from the original data that the dividend (D) must satisfy the equation for the present value of a perpetuity:
Price = Dividend/Discount rate.
26 = D/0.13.
D =26 x 0.13.
D = $3.38.
At the new discount rate of 21%, the stock would be worth:
$3.38/0.21.
= $16.09.
The increase in stock risk has lowered its value by 16.09%.
Learn more about market price here:
brainly.com/question/25309906
#SPJ4
